Huhhh.... luckily soldat 0.50 last week. But anyway, this counter will have potential, will buy again if.break 0.50 as what kid say tp is 0.70. Happy trading
Hey folks, sorry for offending anyone. We are not here to boast who is a better analyst. Richkid might be right to go in and buy but the only thing that concerns me is the timing. China50-c1 expiries on the 28/08/2015 which means less than a month. That amounts to about 20 trading days. If the market zooms down today, what chances for his investment to recover. Call warrants can be considered be at the top of the risk pyramid. If you leave it for 30 minutes, the prices can be vastly different. By the time you realised it might be trading at 0.29 as like Tuesday when SHCOMP dropped 8.5%. Some call warrants lost 30-40% that day. China50-c1 dropped 30%.
So why not buy call warrants that is further out of the money like those with expiry dates in Oct or Nov. Just for the info i went in to buy China50-c4 and HSI-Ct and HSI-CU just now. They offer the same volatility but longer expiry date. From what i see these call warrants are quite bottom because even though SHCOMP dropped 1.7% yesterday they remain unchanged. I have been there and done that, burnt my fingers by buying warrants to close to maturity. Happy Trading folks.
Tp of this counter is 0.70 , this stock drop from 0.70 since they have bad news last time , but the problem was slove, and director are buying bck share. now we do is wait.
Good news...I think Scanwolf will fly based on this piece of news...buying momentum is building again...once break 49 sen...we will test 51.5 sen and 55 sen...TP 70 sen long term....
hi... richkid and any other experienced investors.. mind to share some of your trading experiences? Usually how many percent is reasonable for you to cut loss...
i.e i bought some TGOFFS.. at 0.485 but these two months floating at 0.4.. should i cut?
With a strong support at 46 sen.....and breaking 47.5 sen confirm uptrend....buying queue building up momentum....with the good news that the suit was cancelled ...investors are back....!!! Buying back with confidence! There are waiting for sellers to sell cheap...so first come first serve...hold tight! Don't sell now...pick up...Today I think the momentum is very strong....to break 49 sen!
Big wave will be coming soon...as long as 49 sen is broken...it will move very fast...as the sell down to 46 sen remain supported strongly. Those who sold above 50 sen should buy back to ride on the uptrend once again.
Don't sell!!!! Don't sell!!! TP 70 sen still intact....Scanwolf is coming back again....wow...after the sell down to 46 sen...it seemed to be supported nicely...to resume to uptrend...now we are back to 49 sen resistant turned support....this is crucial....we need to break 51.5 sen....and fly again to retest 55 sen!
HAHAHA...I have to profit when the support is breached...now it is going up...so don't sell...Remember ? let your profit runs...cut your losses short....The part to sell is when it is losing..you need to cut it fast...the part where it go up...don't sell...let your profit runs....hope you understand the theory behind it...
Evening sure got show...the bullish momentum is building strong...Highly recommended to buy back...don't miss it...You sold at 50 sen above...now is time to buy back below 50 sen.....market is back bullish in line with the regional sentiments...DJIA is back no interest rate hike...so it is bullish again..
This time we will have to push to break 55 sen....the suit against the 3 directors was cancelled and this in turn bring good news to the directors themselves....I am sure they will continue to acquire mores shares as it brings confidence back to the investors and this company. Scanwolf dropped from $1.05...so it is natural for it to go back up where it belongs. The volume is coming back...as more people are looking at Scanwolf's rebound today. Tomorrow will be a follow up buying spree. Stay tuned. 55 sen resistant still need to break before we go 62 sen...
The candlestick pattern form bullish harami sign. however the buy call was made at 0.475 which is yesterday. Today price was the conformation of the pattern. However Bullish harami sign is not strong as bullish engulfing or 3 white soldier..but still a bullish sign. trade with your own risk. I put this stock to my watchlist as I concern about our political issue that could effect the stock market. The best action for time being is to stay in cash. Happy trade.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
richkid
8,140 posts
Posted by richkid > 2015-07-29 11:34 | Report Abuse
Director dispose stocks...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4812045